The U.S. Customs Service is a main source of data for:
A. C
B. I g
C. G
D. X
D. X
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The indifference curve in the above diagram yields Juan 100 units of utility. If Juan's money income were to increase by 20 percent, the indifference curve would:
A) shift leftward. B) shift rightward. C) become steeper. D) not be affected.
What would be the effect on U.S. interest rates if the Chinese and Japanese governments sold all their U.S. government securities?
A. Interest rates would rise. B. Interest rates would fall. C. The selling of Chinese and Japanese U.S. government securities would have very little effect on U.S. interest rates.
Superhighways, public housing facilities, and defense projects are all ways that the President can:
A. close a recessionary gap B. close an inflationary gap C. combat inflation D. raise unemployment
The marginal revenue product of an economic resource for a firm operating in purely competitive product and resource markets:
A. Is the marginal product of the resource divided by the price of the final product B. Is the increase in total revenue resulting from the addition of one more unit of the resource C. Is equal to the average revenue product at the lowest point of the average revenue product curve D. Decreases as the quantity of output decreases